Air Methods (AIRM) Guides Q2 Lower
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Air Methods Corporation (Nasdaq: AIRM) estimates that its fully-diluted earnings will be between $0.38 and $0.41 per share for the quarter ended June 30, 2008. The Wall Street consensus is $0.65.
Aaron Todd, CEO, stated, "While we are disappointed that weather, further increases in fuel costs and additional overruns in maintenance expenditures have impacted our second quarter results, we know by experience that weather and maintenance costs can shift quickly from quarter-to-quarter."
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